This Article 
   
 Share 
   
 Bibliographic References 
   
 Add to: 
 
Digg
Furl
Spurl
Blink
Simpy
Google
Del.icio.us
Y!MyWeb
 
 Search 
   
2007 IEEE/WIC/ACM International Conference on Intelligent Agent Technology (IAT'07)
Multi-Period Combinatorial Auction Mechanism for Distributed Resource Allocation and Scheduling
Silicon Valley, California, USA
November 02-November 05
ISBN: 0-7695-3027-3
We consider the problem of resource allocation and scheduling where information and decisions are decentralized, and our goal is to propose a market mechanism that allows resources from a central resource pool to be allocated to distributed decision makers (agents) that seek to optimize their respective scheduling goals. We propose a generic combinatorial auction mechanism that allows agents to competitively bid for the resources needed in a multi-period setting, regardless of the respective scheduling problem faced by the agent, and show how agents can design optimal bidding strategies to respond to price adjustment strategies from the auctioneer. We apply our approach to handle real-time large-scale dynamic resource coordination in a mega-scale container terminal.
Citation:
Hoong Chuin Lau, Shih Fen Cheng, Thin Yin Leong, Jong Han Park, Zhengyi Zhao, "Multi-Period Combinatorial Auction Mechanism for Distributed Resource Allocation and Scheduling," iat, pp.407-411, 2007 IEEE/WIC/ACM International Conference on Intelligent Agent Technology (IAT'07), 2007
Usage of this product signifies your acceptance of the Terms of Use.